Radisson Hospitality officially launches operations in Algeria
Tuesday, 07 May 2019 16:55
On May 6, 2019, Radisson Hospitality officially launched activities in Algeria by opening its first ever hotel in the country.
This launch is like a welcome gift to the Chinese Jin Jiang International. Late February 2019, the HKEX listed group announced that in partnership with SINO-CEE Fund, it finalized the acquisition of 50.2% stake in Radisson Hospitality via Aplite Holdings, an investment vehicle.
Little known by Africans, Jin Jiang International has great ambitions for Africa. In its 2018 report, it revealed that it had 53 hotels in the continent, totalling 6,432 rooms. In the H1, 2019, this figure can quickly rise.
Idriss Linge
Live News
-
Endeavour Mining’s West African gold production up 10% in 2025
20:38
-
African Startup M&A Hits Record 67 Deals in 2025, Led by Fintech
20:05
-
Galiano Gold plans at least C$17mln for gold exploration at Ghana’s Asanko mine
19:58
-
Niger Leader’s Accusations Against France, Benin and Côte d'Ivoire Cloud ECOWAS Mediation Efforts
19:51
-
Morocco Signs Three Deals to Strengthen Digital Offshoring
13:51
-
Khouloud Abada Launches RenYou to Streamline Skin Health Follow-Up
13:08
-
Tony Elumelu Foundation Opens Applications for 2026 Entrepreneurship Program
12:30
-
Yakeey Aims to Streamline Morocco’s Fragmented Property Market
12:30
-
Cameroon: Ango launches CFA1.7bn mineral water plant in the East
11:59
-
SOCAPALM Cuts Dibombari Estate by 23%, Returns 2,566 Hectares to State for Community Use
14:15
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and expansion strategies Fintech leads deals as “Big Four”...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...